Harvey Norman lifts NZ profit on increased homewares sales

Mon, 04 Dec 2017

By Sophie Boot Dec. 4 (BusinessDesk) - Harvey Norman's New Zealand profit rose 15 percent in the latest financial year, with furniture, bedding and electronics sales strong. In the year ended June 30, sales rose 6.4 percent to $953 million while net profit increased to $36.4 million from $31.5 million a year earlier, accounts for Harvey Norman Stores (NZ) filed to the Companies Office show. In the group annual report for the latest financial year, published to the ASX in September, parent Harvey Norman Holdings reported a 15.6 percen...

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